Essentials of a Bike Insurance Policy

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Essentials of a Bike Insurance Policy

• Liberty Videocon

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Introduction
A person uses their vehicle almost every day in
order to commute from one place to another,
whether it is a two-wheeler or four. Owing to the
heavy traffic, congestion prevalent in urban
cities, and rise in fuel prices, many people are
opting to buy a bike or a scooter instead of a
four-wheeler. Two-wheelers offer higher fuel
economy in comparison to cars and can be easily
maneuvered through thin lanes and congested
areas. Moreover, riding a bike adds a certain
panache and class to the personality of a person.
However, owing to the nature of their make and
use, bikes are much more prone to accidents than
cars. Therefore, it is important that you invest
in a bike insurance policy, in order to
minimalize all the financial risks that may occur
in case your two-wheeler suffers from an
accident. The items covered by a comprehensive
bike insurance plan are mentioned in the
following slides.
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Items Covered Under a Typical Bike Insurance
Policy

• The damages suffered by the bike due to an
  accident.
• Third party liabilities that cover the injury or
  death of the person and the damage caused to
  their property.
• Personal accident cover to the owner or the
  driver, in case of injury or death.
• Damage suffered by the bike due to certain
  natural and manmade causes, such as
• Lighting, explosion, fire, and self-ignition
• Vandalism or theft
• Riot or strike
• Hurricane, flood, earthquake, storm typhoon,
  cyclone

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Items Covered in Case an Additional Nominal
Premium is Paid

• Damages sustained by the non-electrical and
  electrical parts of the bike.
• Personal accident cover to any other passenger
  apart from the driver.
• Bike insurance plans offered by the most reputed
  insurance companies are of two types, which are
  listed in the slides below.

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Two Wheeler Package Policy
This policy provides a comprehensive year long
coverage to the insured. The insured gets to
avail the benefits of cashless claim service and
special insurance claim related support services.
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Multi-Year Two Wheeler Package Policy
In our busy day-to-day life, it is quite easy to
forget important insurance renewal dates.
Therefore, the tenure of this policy can be of
2-3 years, which helps you to ride your bike
without worrying about the insurance renewal
dates for a couple of years.
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Best Place to Buy Vehicle Insurance
Liberty Videocon is one of the most renowned
insurance companies offering bike insurance
policies. They have partnered with more than 3000
garages across India, so that the motor troubles
of the insured can be addressed anywhere, without
any financial hassles. You can easily compare the
best bike insurance policies from their website
and choose the one that meets all your needs and
requirements.
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Contact US
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